Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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3,171 news items in Steel Mills. Show all
Tokyo Steel, Japan's leading EAF-based steel producer, has announced price adjustments for April sales. HRC prices have been reduced by JPY 3,000 (USD 20) per ton to JPY 89,000 (USD 598) per ton, while pickled and oiled…
Turkish steel manufacturer Kocaer Celik reported a sharp decline in net profit for 2024. In a stock exchange filing, the company announced a net profit of TRY 83.12 mln (USD 2.26 mln), a significant drop from TRY 1.7…
Kandil Steel, a leading flat steel manufacturer in the Middle East, is expanding its production capacity with significant factory upgrades. According to Egypt's State Information Service, Prime Minister Moustafa…
Iran's steel production has faced a 6.7pct decline in the first 11 months of the current Iranian calendar year (March 2024-February 2025), according to the Iranian Steel Producers Association (ISPA). The downturn has…
The UAE Steel Producers Committee (SPC) has inaugurated its new headquarters at Aldar Building in Abu Dhabi, marking a key step in its efforts to support the country's industrial sector. The new headquarters reflect…
Iron ore futures fell on Monday as weak steel output and struggling property data in China raised concerns about demand for the key steelmaking raw material. According to China's National Bureau of Statistics (NBS)…
State-owned Steel Authority of India Ltd (SAIL) plans to double the capacity of its Rourkela Steel Plant (RSP) to 9 mln tons per annum by 2030, investing INR 30,000 crore (USD 3.45 bln). Covering 1,200 acres, the…
SMS group has successfully upgraded the automation system of Hot Strip Mill No. 1 at PT Krakatau Steel Persero (PTKS) in Cilegon, Indonesia, marking a key milestone with the production of the first sellable coil. This…
Pakistani flat steel producers, International Steels Limited (ISL) and Aisha Steel, have reduced CRC and galvanized coil prices by PKR 15,000 (USD 53) per ton, effective March 11, 2025. This marks the first price…
Pacific Steel Group (PSG) is developing a MIDA Hybrid QLP-DUE minimill in Mojave, California, incorporating Danieli-patented technologies and on-site renewable energy. Spanning 255,000 sqm, the facility will have the…
Steel producer Dillinger, in collaboration with Saarland University, RWTH Aachen University, and industry partners, has developed new high-performance steel types as part of the HL Steel Plate research project. Funded…
ArcelorMittal has signed a contract with Primetals Technologies to upgrade the automation systems at its compact strip production plant in Sestao, Spain. The project includes a new Level 1 system, a Level 2 automation…
Turkish steelmaker Kardemir has raised billet prices by USD 15 per ton, according to its latest price list. The price for S235JR grade billets is now set at USD 500 per ton EXW, while B420 grade billets are offered at…
Pakistan's Aisha Steel Limited reported losses in the first half of fiscal year 2025, ending December 31, 2024, according to a stock exchange disclosure. The company posted a net loss of PKR 1.7 bln (USD 6 mln), a sharp…
Boston Metal, a pioneer in steel decarbonization, has successfully commissioned its multi-inert anode Molten Oxide Electrolysis (MOE) industrial cell for green steel production. This milestone validates the performance…
Utility, a leader in affordable and reliable hydrogen solutions, has successfully operated its H2Gen system at a major steel plant in North America. The system achieved a global first by producing hydrogen directly from…
Turkish steelmaker Kardemir has released an updated price list for its long steel products. The company has raised the price of 12-32 mm rebar to TRY 20,875 (USD 570) per ton EXW, up from TRY 19,875 (USD 548) per ton…
The Competition Commission of Pakistan (CCP) has issued show-cause notices to International Steel (ISL) and Aisha Steel Mills (ASML) over alleged cartelization in the flat steel market. A final decision will be made…
Hyundai Steel, South Korea's second-largest steelmaker by sales, announced it will resume operations at its cold-rolled steel plant this week and restart wage negotiations with its labor union. The facility, part of the…
ArcelorMittal has announced a maintenance plan worth over EUR 270 mln (USD 294 mln) for its plants in Dunkirk and Fos-sur-Mer, France. The company will shut down operations for 90 days at its main blast furnace in…
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